June 28, 2017

Got a sms today (3, actually) from AM-EQUSTR trying to persuade me to buy 5000 shares of SFL Intl LtdThis company is a "Clothes and fabric manufacturer in Ahmedabad, India".So this company's stock price is on the decline since the past 2 years (at a time when there is a bull market). So what does this mean? It means that the promoters are fooling their shareholders in this company.In addition to not adding value, they are now running a pump and dump scam (for an example, see http://logtk.blogspot.in/2017/01/stocktips-arnavcorp-munafa-research-and.html )STAY AWAY FROM SFL INTL.If you can, put in a complaint to SEBI at sebi@sebi.gov.inInvesting in stocks on SMS tips? Most likely its a manipulator trying to loot you [Economic Times]